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Sandhill reported the following information for its fiscal year end: On net sales of $46.400 billion, the company earned net income after taxes of $5.568
Sandhill reported the following information for its fiscal year end: On net sales of $46.400 billion, the company earned net income after taxes of $5.568 billion. It had a cost of goods sold of $22.272 billion and EBIT of $8.120 billion. What are the companys gross profit margin, operating profit margin, and net profit margin?
Problem 4.21 Sandhill reported the following information for its fiscal year end: On net sales of $46.400 billion, the company earned net income after taxes of $5.568 billion. It had a cost of goods sold of $22.272 billion and EBIT of $8.120 billion. What are the company's gross profit margin, operating profit margin, and net profit margin? (Round answers to 1 decimal place, e.g. 12.5%.) Gross profit margin Operating profit margin Net profit margin Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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